Sentences with phrase «overall federal tax bill»

Not exact matches

Michael Whyland, spokesman for Assembly Speaker Carl Heastie, said that «there are many things we are still learning about the federal tax bill and we want to look at this issue in the context of the overall budget, not only this year but also how it affects future budgets.»

In a move that could cause major tension in the House, the Senate bill also would prohibit Americans from deducting certain state and local taxes from their federal bills, a change that could raise taxes overall for Americans in high - tax states such as New York, New Jersey, California, Oregon and Illinois.

KSBA Director of Governmental Relations Eric Kennedy points out that while Kentucky schools may not see a direct funding impact from the federal tax bill, they will be impacted because the overall financial investment in schools more and more falls on local school districts and local taxes.